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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Dec 12, 1923
Page
34
Copper futures and spot prices show slight shifts with London listing copper at spot £62 10s and futures £63. Tin remains steady both sides with spot around £239 12s 6d. Lead and zinc show mixed moves. zinc in London notes spot £92 5s and futures £32 1238 8d. Antimony and electrolytic copper details appear with varied quotes in both markets.
Philadelphia markets report higher wheat prices for spring and patent grades with bids ranging from 6.20 to 7.85. Hay values shift with Timothy No 1 at 28 to 28.50 per unit and various mixed lots listed, while hay No 2 and clover show declines and activity in lower red winter and cornmeal markets.
New York curb market showed mixed price moves with a downward trend for most of the day. Oil shares barely changed while Atlantic Leibas Imperial of Canada Ohio Oil Prairie Oil and Gas and South Pennsylvania Oil fell. Industrial stocks drew attention with Kresge Gillett Safety Razor and Dunhill in early gains then easing. Gold Dust slipped as did mining shares though Hawthorne Mines reached a fresh high. Cortez Silver St Croix Mines and National Tin remained active at higher levels.
The New York cotton market rose about a cent amid mixed delay over tomorrow's government report. January traded to 33.45 and closed firmer with gains of 68 to 97 points, while December rose to 4.10 for December and 4.00 for May, aided by covering and demand. Port receipts and exports rose, with local brokers forecasting a government crop estimate near 9,946,000 bales as talks of improved fundamentals dominated trading.
The clipping lists numerous entities including Miller Train Control, National Mortgage, Commonwealth hotel, Continental Clay Units, National Equitable, Midland Trust, and International Textbook. It reads as a catalog of firms and loan relates terms with scattered fragments and unclear context.
Due Nov 1 1927 to 1948 incl Knoxville third largest Tennessee city and county seat of Knox County located in rich agricultural region and a manufacturing center as commercial and distributing hub for eastern Tennessee. These bonds are valid obligations of the entire city and payable from an unlimited tax.
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